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Property profile & analytics
OFF-MARKET
Lifestyle centers

840 County Rd Riverhead, NY 11901

11,000 SF 2 ac lot Built 1985
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 840 Route 58 in Riverhead, New York, presents a unique owner-user investment opportunity. The 11,000 square foot building sits on a desirable 2-acre corner lot, boasting high visibility and significant frontage along two major roads: 225 feet on Old Country Road and 364 feet on Ostrander Avenue. Built in 1985, this single-story structure features an 18-foot ceiling height and is zoned for commercial use (Zoning 3). The property's strategic location benefits from high traffic volume, with approximately 25,000 vehicles passing daily, making it ideal for a variety of uses. Its versatile nature allows for adaptation to various businesses, including auto dealerships, medical offices, retail stores, restaurants, or professional services. An external loading dock adds to its functionality. The property's 2024 real estate taxes are $44,226.14. The occupancy date is November 5, 2024. Seller financing is available for qualified buyers, and lease or ground lease options will be considered. This prime location and flexible options make this an attractive investment for discerning buyers.

Property profile
Verified
Property type Lifestyle centers
Year built 1985
Total area 11,000 SF
Lot 2 ac (87,120 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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